MGMACD is based on Martingale and MACD. It uses MACD (25,48,16) period
to determine buy or sell positions. MACD (MACD < SignalMACD; MACD < 0;
MACD < Previous1 Close < Previous2 Close), a buy position is opened
and existing sell position is stopped. If MACD (MACD > SignalMACD;
MACD > 0; MACD > Previous1 Close > Previous2 Close), a sell positon is
opened and existing buy position is stopped. For each opened position
(buy or sell), the equity is tested for each candle, if the equity is
below the Initial Equity, the position is closed and a new position is
opened with an increment of 2.3 times to the last lost amount . This
process is repeated until buy or sell is stopped as determined above
and equity is above Initial Equity.

Translate to English Show original